By Alex Lang New York (Knewz) — Credit and debit card spending is up from this time last year as Americans deal with inflation and increased costs across the board. The increase was noted in a recent report by Bank of America and found a 16 percent increase in credit card spending year-over-year. The report also found a 4 percent increase in debit card usage year-over-year. The increase makes sense as inflation has hit records not seen in decades. That means Americans have found everyday products costing more and more. It has led some to put off the full payment until later dates and use credi…